log☇︎
459600+ entries in 0.127s
mircea_popescu: please learn your fuckinglessons from the pirate fiasco.
mircea_popescu: no, i just want to show you that you're irresponsible. you sell me the insurance, i go put a block of 50mn shares of my own stock at half the current implied price and i've taken you out.
mircea_popescu: how much does it cost me to buy 1800 of btc insurance agaisnt their nav ?
mircea_popescu: so let's see, mpoe.etf is a fund that's worth ~1800 btc atm ?
mircea_popescu: i see.
mircea_popescu: o yea ?
mircea_popescu: usagi you're on very shaky ground here.
mircea_popescu: i'm in awe of the irresponsible stuff that passes for finance.
mircea_popescu: usagi
mircea_popescu: how exactly do you evaluate the volatility of a stock that existed for less than a year ?
mircea_popescu: nav insurance ?! you can't possibly be offering that ?!
mircea_popescu: i guess this is true yea.
mircea_popescu: niceword there :D
mircea_popescu: as far as i recall the main problem was you couldn't insure against X person cause he could just buy that insurance secretly and then default
mircea_popescu: copumpkin weren't yea
mircea_popescu: copumpkin worked on it for a while, but it just doesn't work.
mircea_popescu: smickles that part can't be done smickles.
mircea_popescu: usagi lol, i'd expect the exchange which lists mostly scam assets would be VERY expensive.
mircea_popescu: now this is interesting. im curious how much mpex insurance costs.
mircea_popescu: ;;ticker
mircea_popescu: you;d be amazed how informative it is.
mircea_popescu: i'm not even kidding.
mircea_popescu: i normally read newspapers from like the late 2000s atm.
mircea_popescu: but i do read it. just, i keep everything for a few years first.
mircea_popescu: and for that matter, i loathe the press, too
mircea_popescu: some people solve crosswords.
mircea_popescu: why not, you know ?
mircea_popescu: bitcoin is actually old enough to be treated as an extinct culture if one's so inclined.
mircea_popescu: so it's a little bit of academic curiosity.
mircea_popescu: well, irl i'm a business consultant, but by my actual education i'm an philosopher/anthropologist
mircea_popescu: bitfoo indeed.
mircea_popescu: MrTiggr needs a dedi
mircea_popescu: hey smickles i designate this as my official ab image : http://polimedia.us/dtng/c/src/13463383356.jpg
mircea_popescu: there should be borat somewhere there
mircea_popescu: none of that 1/2 A cup you got there in thailand.
mircea_popescu: Chaang-Noi give me nice tits you hear ?
mircea_popescu: internet is serious business.
mircea_popescu: ono.
mircea_popescu: omg. MrTiggr i notice that offensive site of yours contains libelous and defamatory content about me! I SUE YOU
mircea_popescu: let lies compete!
mircea_popescu: you need to enlist the help of some people on the forum.
mircea_popescu: ahaha
mircea_popescu: lol k
mircea_popescu: i don't want an account. let anon express itself!
mircea_popescu: ewgh.
mircea_popescu: MrTiggr so how do i edit it ?
mircea_popescu: ahaha there's an ed for btc now ?
mircea_popescu: ;;ticker
mircea_popescu: EB250 ya someone mentioned it here back then
mircea_popescu: o that's an interesting approach.
mircea_popescu: so sorta like a form to email you ?
mircea_popescu: that's an ideea.
mircea_popescu: o, rg is elitist.
mircea_popescu: :D
mircea_popescu: and doesn't know shit about it
mircea_popescu: pity rg doesn't have any dedis.
mircea_popescu: rg possibly.
mircea_popescu: maybe i'm just weird.
mircea_popescu: hm
mircea_popescu: what does everyone want to do ? TALK TO A PERSON!!!
mircea_popescu: but i mean, all soets of companies have customer suippoirt phones.
mircea_popescu: there is something i don't understand here tho. if i ihad the option of using a website or talking to a person, i'd chose the later.
mircea_popescu: rg http://polimedia.us/dtng/c/src/134202169416.png
mircea_popescu: smickles did i miss something ?
mircea_popescu: bitcoin is megacash! RAWR!
mircea_popescu: you can't tax "the rich" here.
mircea_popescu: o hey. any brits wanna buy bitcoins ?
mircea_popescu: As part of the global push to tax the rich, Britain is now debating an “emergency” wealth tax. But the idea has hit fierce opposition from conservatives, who say the “politics of envy” hasn’t made the country rich.
mircea_popescu: eh go sell some pirate bonds why don't ya.
mircea_popescu: Chaang-Noi i'm not the one you should be butthurt at.
mircea_popescu: by me. in april. totally forgot doing it.
mircea_popescu: o wow! i just went to register #mpex and i discovered... it was already registered
mircea_popescu: yes pls buy moar shares because i know what teh web is! ty internets!
mircea_popescu: "today i learned..."
mircea_popescu: :p
mircea_popescu: but anyway.
mircea_popescu: the web couild exist offline or whatever, it doesn't HAVE to be accessed through teh internet.
mircea_popescu: the final part is just typical wikipedia crud.
mircea_popescu: "The World Wide Web (abbreviated as WWW or W3, commonly known as the Web ), is a system of interlinked hypertext documents accessed via the Internet."
mircea_popescu: well this'd happen to be a barbarism.
mircea_popescu: thats what the web is lol.
mircea_popescu: it's implemented on the internet, sure, but that's irrelevant really.
mircea_popescu: it's not a matter of what i think. the web is the sum of all html documents and their connections (ie links).
mircea_popescu: why ? internet carries the web, it's the superset there.
mircea_popescu: you mean car, but hey, they're means of transportation so it's ok
mircea_popescu: sorta like saying you're going to town in your boat
mircea_popescu: why do people confuse the web with the internet ?
mircea_popescu: "Bitcoin is a new web-technology that enables people"
mircea_popescu: well.. anyway, here's to hoping people are smarting but a lot smarter.
mircea_popescu: like a year ago. jeez it seems like forever.
mircea_popescu: o you're right, it was august
mircea_popescu: hm. when was mybitcoin fiasco ? march 2011 ?
mircea_popescu: i wasn't in that either.
mircea_popescu: of course, i wasn't around during mybitcoin.
mircea_popescu: im not sure there's five of us.
mircea_popescu: o wow.
mircea_popescu: toffoo were you invested btw ?
mircea_popescu: is just the first person who didn't swallow it.
mircea_popescu: fact of the matter is, the guy who finally burst it weeks ago is not the first person who didn't get paid.
mircea_popescu: the true killer was that some people brought forth not really proof... but some indication of possible collusion. it became clear it's impossible to actually verify a default.